Addi secures $71m credit upsize to boost growth

November 10, 2025

Addi, the leading commerce and financial platform in Colombia, has secured a $71m credit upsize from global financial institutions Goldman Sachs, Fasanara Capital, and BBVA Spark.

The latest round includes a $57m upsize from Goldman Sachs and Fasanara, alongside a $14m upsize from BBVA Spark. The renewed commitment from these top-tier financial backers underscores growing global confidence in Addi’s platform, profitability, and trajectory.

Founded in 2018, Addi has consistently ranked among Latin America’s fastest-growing consumer finance platforms. The company recently surpassed $150m in annualised revenue and achieved its fourth consecutive profitable quarter, maintaining 100% year-over-year growth over the past five years.

Addi operates a dual-sided ecosystem, connecting consumers and merchants through a proprietary underwriting engine that drives engagement and measurable merchant ROI. Its network currently supports more than 2.5 million users and 27,000 merchants across Colombia.

The newly secured capital will bolster Addi’s merchant network expansion and fund the rollout of new digital financial products designed to improve consumer cash flow management and foster positive credit outcomes. With this latest funding, Addi reports its strongest liquidity position to date, ensuring it remains well-capitalised through 2025.

Addi co-founder and CEO Santiago Suárez said, “We’ve always believed Colombia deserves a credit system that works for everyone.

“The continued support of Goldman Sachs and BBVA Spark is more than financial backing; it’s a vote of confidence in our mission and in the sustainable business we’ve built. As we close out an exceptional year, we are excited for our next chapter of expanding access to fair, responsible credit across the region.”

BBVA Spark Colombia & Argentina country manager Eduardo González Montes de Oca said, “From BBVA Spark, we firmly believe in Addi’s potential to continue driving financial inclusion and access to digital credit in the region.

“This increase in the USD$35 million credit line we provided to the company earlier this year reflects our confidence in its business model and its capacity for sustainable growth in Colombia.”